Kampala, Uganda | XINHUA | Sweden’s economy shrank by 8.6 percent in the second quarter (Q2) of this year due to the COVID-19 pandemic, Statistics Sweden (SCB) said Wednesday. Finance Minister Magdalena Andersson attributed this “better than expected” results partly to the country’s less strict lockdown policies. SCB said the …
Read More »Sweden didn’t lock down, but economy to plunge anyway
Stockholm, Sweden | AFP | Unlike most countries, Sweden never locked down during the coronavirus pandemic, largely keeping businesses operating, but the economy appears to be taking a hard hit nonetheless. Under the Scandinavian country’s controversial approach to the virus, cafes, bars, restaurants and most businesses remained open, as did schools …
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